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Bank of Japan Governor Kuroda says 2% inflation target possible to achieve, but will take time

BOJ Gov in parliament today answering questions. His comment in the headline is his usual spiel.  More: (its 2% ICYMI) - CPI growth will stay negative for the time being but will rebound thereafter, gradually accelerate the pace of increase
Apr 16, 2021 Read more

Singapore March NODX +12.1% y/y (vs. expected +2.6%)

Singapore March NODX +12.1% y/y For the m/m, +1.2% (SA) Singapore non-oil domestic exports. Earlier this week we got the Monetary Authority of Singapore policy statement:
Apr 16, 2021 Read more

Japan PM Suga and US President Biden to meet Friday - joint press conference to follow

The two noobs* will meet at 1.30pm Washington time at the White House. (Those times are 1730 and 2015 GMT respectively). the presser will consist of plenty of sound bites about the strong alliance between the two countries and what have you. Also, and of no surprise, will be comments about the alliance working to contain China
Apr 16, 2021 Read more

US news - Massachusetts regulators seek to revoke Robinhood's license

Massachusetts regulators are seeking the revocation of Robinhood's broker-dealer license Robinhood has responded, called the regulator "elitist" and said it was seeking to "reinstate the financial barriers that Robinhood was founded to break down"
Apr 16, 2021 Read more

More detail on Turkey banning Bitcoin, other cryptocurrency for payments

The headline is here from earlier:  Turkey has banned the use of cryptocurrencies to purchase goods and services Turkish media have more on the story (its in Turkish ... if not fluent in the language an online translation may be of assistance).
Apr 16, 2021 Read more

Heads up for likely comments from Bank of Japan Governor Kuroda

BOJ Gov. Kuroda is to appear in Japan's parliament again today. Kuroda spoke yesterday, if he says much today it'll be to deliver similar messaging: And, also from the BOJ yesterday:
Apr 15, 2021 Read more

Coronavirus - Japan is once again seeking to tighten restrictions

New cases of COVID-19 infections continue to mount in Japan, the central government is set to intrudce enhanced measures in areas surround ing Tokyo. Yesterday we had the news cross that Tokyo is considering a renewed state of emergency:
Apr 15, 2021 Read more

Turkey has banned the use of cryptocurrencies to purchase good and services

Turkey has not banned bitcoin deposits, only their use in shopping and through digital wallets --- Joins other countries with similar prohibitions on crypto. 
Apr 15, 2021 Read more

Reuters Japan monthly Tankan: April manufacturer sentiment index +13 (vs March +6 )

And the Service sector index -3 in April (vs -5 in March) Manufacturer sentiment has hit its highest in over 2 years, highest since February 2019.  Reuters cite:
Apr 15, 2021 Read more

China GDP and March data due today - preview

What to expect from the Chinese data is here, and a preview also: A quick heads up preview from Westpac, expecting a solid GDP gain  But, WPAC note:
Apr 15, 2021 Read more

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